December 2011

What Does Long Beach Job Market Feel When Shipping Is Down?

The Long Beach job market is in a fragile state, like much of the rest of the country. For those who are looking for a job, there are plenty of limitations out there. However, recent news about the shipping industry may be even more alarming to those looking for a job in this or a supporting industry. What is there to be worried about?

According to reports, the volume of cargo being shipped into and out of the twin ports of Long Beach and Los Angeles is significantly down compared to previous years. The 2011 numbers are lower, experts say, because there are more shippers who are using other hubs that are less expensive. Many are using Singapore and India ports as their hub destinations for those shipping to the East Coast. In fact, trade is moving to other areas of the country, including to New Jersey, New York and into the Savannah harbor.

Long Beach Job Rates Down

The Long Beach job market has been through a number of rough patches in recent history and there is no doubt that there are thousands of people still looking for work. However, there are now fewer people who are looking for jobs than there were just last month, a new report indicates. This is good news that the city, and the area as a whole is seeing an improvement in the economy. There is light at the end of the tunnel.

The Report

According to a report issued on Friday, the number of people jobless in Long Beach fell for the third month in a row for the month of November. It dropped to 12.7 percent, which is still incredibly high but a significant number. The state's unemployment rate also fell, down to 11.3 percent. This marks the first time since 2009 that the rate has been this low.

Occupy Long Beach Plans to Remain in Place

The Long Beach job market is anything but what people need it to be. It is just one of the many concerns and complaints from those participating in the Occupy Long Beach protests taking place throughout the city. Those who are a part of the movement, which stems from a similar protest taking place in New York City in the Wall Street area, is hoping to gain the attention of those who will make changes. While it may not be the loudest demonstration, it seems to be the one that is getting the most attention.